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  1. Keyes Packaging Sold

    Fund III announces the sale of Keyes Packaging Group (“Keyes”).  Keyes is a leading provider of protective molded fiber and tissue wrap packaging for the fruit, egg and wine industries.  Keyes was acquired by Arbor Private Investments Company, a Chicago-based private equity firm.  The transaction closed on June 28, 2013.

    Fund III, in partnership with management, acquired Keyes in May 2004.  Under the fund’s ownership, Keyes completed four strategic acquisitions, expanded its market leadership and executed significant operational improvements.

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